Urban Edge Properties (NYSE:UE – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.480-1.52 for the period, compared to the consensus EPS estimate of 1.500. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
Several research firms have recently commented on UE. UBS Group decreased their target price on shares of Urban Edge Properties from $21.00 to $20.00 and set a “neutral” rating for the company in a research report on Thursday, January 8th. Morgan Stanley upped their price objective on shares of Urban Edge Properties from $21.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Monday, January 5th. Finally, Weiss Ratings raised shares of Urban Edge Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $22.00.
View Our Latest Stock Report on Urban Edge Properties
Urban Edge Properties Stock Up 1.1%
Urban Edge Properties (NYSE:UE – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.07. Urban Edge Properties had a net margin of 19.82% and a return on equity of 6.79%. The business had revenue of $132.62 million during the quarter, compared to the consensus estimate of $98.81 million. Urban Edge Properties has set its FY 2026 guidance at 1.480-1.52 EPS. Equities research analysts forecast that Urban Edge Properties will post 1.5 EPS for the current year.
Urban Edge Properties Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were paid a $0.21 dividend. The ex-dividend date was Friday, March 13th. This is a positive change from Urban Edge Properties’s previous quarterly dividend of $0.19. This represents a $0.84 dividend on an annualized basis and a yield of 3.9%. Urban Edge Properties’s dividend payout ratio is presently 112.00%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Amundi boosted its stake in Urban Edge Properties by 0.6% in the fourth quarter. Amundi now owns 86,306 shares of the real estate investment trust’s stock valued at $1,656,000 after acquiring an additional 535 shares during the last quarter. California State Teachers Retirement System boosted its stake in Urban Edge Properties by 0.7% in the second quarter. California State Teachers Retirement System now owns 112,542 shares of the real estate investment trust’s stock valued at $2,100,000 after acquiring an additional 816 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in Urban Edge Properties by 2.5% in the second quarter. Daiwa Securities Group Inc. now owns 44,144 shares of the real estate investment trust’s stock valued at $824,000 after acquiring an additional 1,066 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Urban Edge Properties by 426.7% in the second quarter. EverSource Wealth Advisors LLC now owns 1,322 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 1,071 shares during the last quarter. Finally, Global Retirement Partners LLC boosted its stake in Urban Edge Properties by 2,108.1% in the fourth quarter. Global Retirement Partners LLC now owns 1,369 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 1,307 shares during the last quarter. 94.94% of the stock is currently owned by hedge funds and other institutional investors.
About Urban Edge Properties
Urban Edge Properties is a publicly traded real estate investment trust (REIT) that specializes in owning, operating and developing grocery-anchored shopping centers. The company was formed in January 2017 as a spin-off from Regency Centers Corporation, establishing an independent platform focused on urban and densely populated markets. As a fully integrated REIT, Urban Edge oversees the acquisition, financing, leasing, redevelopment and management of its retail properties.
The company’s portfolio comprises predominantly open-air shopping centers anchored by national and regional supermarket operators.
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